The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
India's Tata Electronics has agreed to acquire a majority stake in Pegatron's iPhone manufacturing facility in India, ...
NEW DELHI (Reuters) -India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer ...
Under the agreement, Tata will hold a 60% stake in the plant and oversee daily operations, while Pegatron will retain the ...
Tata Electronics continues to strengthen its smartphone manufacturing business in India as it has reportedly sealed a deal to ...
Tata Electronics secures 60% stake in Pegatrons iPhone plant in Tamil Nadu, enhancing its role as an Apple supplier amid ...
This strategic move follows Tata's acquisition of Wistron's plant in Karnataka Harshvardhan Jaiman Updated : Nov 18, 2024, 11 ...
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...
Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron's iPhone manufacturing facility in India. This ...
India’s Tata Electronics will acquire a majority stake in Taiwanese contract manufacturer Pegatron’s sole iPhone plant in ...
The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...